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Nonprofiteer
← LAKE OSWEGO ROTARY FOUNDATION INC

Form 990 for tax year 2022

Filed by LAKE OSWEGO ROTARY FOUNDATION INC.

Totals

Total revenue
$345,946
Total expenses
$352,869
Contributions and grants received
$338,980
Grants paid
$215,860
Program service revenue
$0
Investment income
$1,171
Other revenue
$5,795
Total assets, end of year
$344,237
Total liabilities, end of year
$45,141
Net assets or fund balances, end of year
$299,096
Program services expenses (Part IX)
$235,132
Management and general expenses
$1,573
Fundraising expenses
$116,164
Program service expenses (Part III)
$235,132

Program services were 66.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $320,262

  • 1d · Related organizations

    $950

  • 1f · All other contributions, gifts and grants

    $17,768

  • 3 · Investment income

    total $1,171 · related or exempt $1,171

  • 8a · Fundraising events: contributions included on line 1c

    $320,262

  • 9a · Gaming: gross income

    $8,700

  • 9b · Gaming: direct expenses

    $2,905

  • 9c · Net income from gaming

    total $5,795 · related or exempt $5,795

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $160,871 · program services $160,871

  • 2 · Grants to domestic individuals

    total $32,090 · program services $32,090

  • 3 · Grants to foreign organizations and individuals

    total $22,899 · program services $22,899

  • 11g · Fees: other

    total $135,436 · program services $19,272 · fundraising $116,164

  • 24a · Other expenses: BANK CHARGES

    total $319 · management and general $319

  • 24b · Other expenses: OTHER ADMIN EXP

    total $890 · management and general $890

  • 24c · Other expenses: SUPPLIES

    total $85 · management and general $85

  • 24d · Other expenses: TAXES LICENSES FEES

    total $279 · management and general $279

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $176,329 · end of year $220,209

  • 2 · Savings and temporary cash investments

    beginning of year $88,320 · end of year $89,485

  • 4 · Accounts receivable

    beginning of year $1,460 · end of year -$6,675

  • 11 · Investments: publicly traded securities

    beginning of year $39,925 · end of year $41,218

  • 17 · Accounts payable and accrued expenses

    beginning of year $14,152 · end of year $45,141

  • 31 · Retained earnings, endowment or other funds

    beginning of year $291,882 · end of year $299,096

Mission and programs · 2022

Mission

THE LO ROTARY FOUNDATIONS MISSION IS TO FURTHER THE HUMANITARIAN GOALS OFROTARY INTERNATIONAL BY GENERATING FUNDS FOR SCHOLARSHIP & GRANTS; PROVIDINGMATERIALS TO IMPROVE THE LIVES OF THOSE IN NEED WITHIN THE LOCAL COMMUNITY ANDSUPPORTING SELECTED ROTARY PROJECTS WORLDWIDE.

  • SUPPORT FOR LAKEWOOD CENTER FOR THE ARTS, A COMMUNITY MULTI-ARTS THEATRE FACILITY WHOSE GOALS INCLUDE THE SPONSORSHIP AND COORDINATION OF EDUCATION AND CULTURAL PROGRAMMING IN VISUAL ARTS, THEATRE AND COMMUNITY EVENTS.

    Expenses $113,109 · Grants $113,109

  • SERVICE ABOVE SELF SCHOLARSHIPS, AN ANNUAL EVENT DESIGNED TO CELEBRATE STUDENTS, EDUCATOR, STAFF, AND COMMUNITY CITIZENS WHO EXHIBIT SERVICE ABOVE SELF EDUCATIONAL EXCELLENCE.

    Expenses $34,272 · Grants $15,000 · Revenue $34,272

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $23,090 · Grants $22,180

  • SUPPORT OF INTERNATIONAL PROJECTS IN CENTRAL AND SOUTH AMERICA, AFRICA AND THE MIDDLE EAST. PROJECTS INCLUDE SUPPORT FOR BUILDING SCHOOLS AND EDUCATIONAL INFRATRUCTURE, SANITATION & WATER PROJECTS, SUPPORTING GIRLS & WOMEN BY PROVIDING ACCESS TO EDUCATION, SUPPORT WITH RESPONSE TO NATURAL DISASTERS.

    Expenses $22,899 · Grants $22,800

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $16,950 · Grants $16,950

  • LOBSTER FEED BENEFICIARIES - 3 LOCAL NON-PROFITS CHOSEN TO RECEIVE A PERCENTAGE OF LOBSTER FEED PROCEEDS.

    Expenses $14,319 · Grants $14,319

  • ACTIVITIES TO PROMOTE PEACE WITHIN OUR COMMUNITY AND INTERNATIONALLY

    Expenses $8,346 · Grants $7,993

  • SUPPORT LOCAL COMMUNITY PROJECTS SUCH AS HELPING OUT AT THE LOCAL FARMERS MARKET, CLEANING COMMUNITY BUILDINGS AND GARDENS, HELPING TO SERVE MEALS FOR THE MEALS ON WHEELS PROGRAM, PROVIDE FOOD BASKETS & FINANCIAL ASSISTANCE TO UNDERSERVED STUDENTS IN THE COMMUNITY AND THEIR FAMILIES.

    Expenses $2,147 · Grants $2,147

As filed on the 2022 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Lloyd Hill

    INTERNATIONAL SERVICE CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Michael Dotten

    MEMBERSHIP CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Robin Krakauer

    COMMUNITY SERVICE CO CHAIR

    Total calculated
    $0
    Hours/week
    0
  • David Wolf

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0
  • Mark Birge

    ROTARY FOUNDATION CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Lal Bhatia

    VOCATIONAL SERVICE CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Nell Diamond

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0
  • Ken Perigo

    PUBLIC IMAGE CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Jay Hamachek

    CLUB ADMIN CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Paul Van Roon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0
  • Susan Stohl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0
  • Anekonda Thimmappa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0
  • Kevin Costello

    NEW GNERATIONS CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Tina Colson-Jones

    COMMUNITY SERVICE CO CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Robert Liddell

    EXECUTIVE SECRETARY

    Total calculated
    $0
    Hours/week
    0
  • Matt Christman

    ALLOCATIONS CHAIR

    Total calculated
    $0
    Hours/week
    0
  • Peter York

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0
  • William Oneill

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    0
  • Candace Jennings

    SECRETARY

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • ROTARY INTERNATIONAL

    SERVICE ORGANIZATION PROVIDING HUMANITARIAN SERVICE

Provenance

Return type
form_990
Tax year
2022
Filed
2 May 2024
IRS schema version
2022v5.0
Source object
202431269349300108

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